HeartBeam, Inc. (NASDAQ:BEATW) Short Interest Up 98.1% in May

HeartBeam, Inc. (NASDAQ:BEATWGet Free Report) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 6,642 shares, an increase of 98.1% from the May 14th total of 3,353 shares. Based on an average trading volume of 4,215 shares, the days-to-cover ratio is presently 1.6 days.

HeartBeam Price Performance

BEATW traded down $0.01 during trading hours on Friday, reaching $0.04. 24,104 shares of the company’s stock traded hands, compared to its average volume of 4,929. The firm has a 50-day moving average price of $0.09 and a 200 day moving average price of $0.15. HeartBeam has a 52-week low of $0.03 and a 52-week high of $0.56.

HeartBeam Company Profile

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HeartBeam, Inc is a clinical-stage medical technology company focused on transforming the diagnosis of acute cardiac events through innovative electrocardiogram (ECG) solutions. The company’s core offering leverages proprietary VectorBEAM™ technology to reconstruct a full 12-lead ECG from a compact, three-lead wearable or handheld device. By enabling rapid acquisition and secure transmission of high-fidelity ECG data, HeartBeam’s approach aims to expedite the detection of myocardial ischemia in out-of-hospital settings.

HeartBeam’s product ecosystem combines hardware, mobile applications, and cloud-based analytics.

Further Reading

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